YEREVAN — The program to nationalize the “Electric Networks of Armenia” (ENA) is ready, and the country will soon enter the practical phase. This was announced by Armenian Prime Minister Nikol Pashinyan in a post on his Facebook page.
“The process will take place in accordance with the legislation of the Republic of Armenia,” the post reads.
Prime Minister Nikol Pashinyan had earlier announced the government’s intention to bring the company back under public ownership, citing its strategic importance.
“The real owner of the ENA is the people – every citizen is either a consumer or an employee,” Pashinyan said last week.
The developments came just a day after Armenian law enforcement raided current owner Samvel Karapetyan’s Yerevan residence. The Russia-based Armenian businessman, who controls the ENA through his Tashir Group, was subsequently detained.
YEREVAN — Armenian Prime Minister Nikol Pashinyan presented the Republic of Armenia’s State Award for…
YEREVAN -- Armenia could formally apply for membership in the European Union in 2027 or…
MINSK -- Russia has prepared a specific proposal concerning Armenia that will be presented to…
YEREVAN -- Businessman Samvel Karapetyan, leader of the Strong Armenia party, was arrested on November…
YEREVAN — Armenian Economy Minister Gevorg Papoyan has claimed that a recently published report outlining…
LOS ANGELES — The Ararat-Eskijian Museum and Research Center (AEMRC), in collaboration with the Armenian…